Also today - Global Services Network selects VoiceXML...
SUNNYVALE, Calif.--(BUSINESS WIRE)--June 22, 2000--
Companies Partner to Deliver Advanced Voice-Enabled Solutions for the
Mobile Professional and Enterprise Markets
General Magic, Inc.(TM) (Nasdaq:GMGC.O), a leading voice application
service provider, today announced they have reached agreement with
Global Services Network, Inc.(TM) (GSN), a provider of unified
communications and messaging services, to deliver unified
communications applications and services to the enterprise and mobile
professional markets.
Under the terms of the agreement General Magic will develop and
host customized unified communications applications for Global
Services Network using General Magic's industry-leading VoiceXML-based
magicTalk(TM) communications platform. This will equip GSN's
Polestar(TM) branded product with advanced functionality such as
e-mail by phone (text-to-speech), voice dialing, enhanced voicemail
and fax, broadcast messaging, cardless calling and conference calling,
as well as other features proprietary to GSN, all to be accessible via
a magicTalk natural language voice-user interface (VUI). Polestar will
also be WAP (wireless application protocol) enabled to allow
subscribers to manage information and communications over wireless
digital phones and Personal Digital Assistants (PDAs). As part of the
agreement, General Magic will receive development fees and recurring
revenues from hosting and licensing, as well as stock equity in Global
Services Network.
"Simply stated, our decision to use General Magic's magicTalk
platform provides Global Services Network with voice-technology that
we believe is generations ahead of any competitor in the market," said
Blake Ponuick, president and chief executive officer of Global
Services Network. "This alliance with General Magic provides us with
immediate, carrier grade scalability as we move to aggressively grow
our subscriber base in the enterprise and carrier markets and focus on
rolling out local services nationwide."
"We are very pleased to be working with GSN to rapidly deploy
superior voice application services to our joint subscribers," said
Steve Markman, chairman, chief executive officer and president of
General Magic. "Our agreement with GSN demonstrates the value of the
magicTalk platform in delivering advanced voice-enabled applications
for the mobile professional and enterprise markets."
About General Magic
General Magic creates value for its customers through
state-of-the-art voice solutions. General Magic offers years of
expertise in combining language, personality, and logic, creating a
natural conversation between people and information.
As a voice application service provider (Voice ASP), General Magic
serves companies with high volumes of customer contacts who need
cost-effective solutions that maintain the trust and loyalty of their
customers. For more information about General Magic, visit the
Company's Web site at generalmagic.com.
About Global Services Network
Global Services Network is an early entrant in the emerging,
multi-billion dollar communications application service provider (ASP)
category providing unified communications and messaging services to
affinity organizations, enterprises, and mobile professionals. Its
Polestar(TM) service is a media agile "Intelligent Communications
Agent" featuring web-enabled one number service, real-time control
over voice, messaging, fax, and email communications. Polestar is "One
number that allows you to be reached wherever, whenever, and however
you want. One number that allows you to manage all your communications
instead of them managing you." Global Services Network, Inc. is
privately held with offices in Portland, Oregon and Vancouver, BC,
Canada. For more information about Global Services Network and
Polestar, please visit our company website at
mypolestar.com.
General Magic notes that some of the statements in this press
release contain forward-looking statements that involve substantial
uncertainties. These include, among others, statements concerning the
adequacy of the Company's financial resources to execute its business
plan; market acceptance of the Company's technologies and services;
the Company's ability to attract, retain and motivate key technical,
marketing and management personnel; the ability of the Company to
establish and maintain relationships with businesses that have high
volume customer interactions, and to establish alliances with
companies that offer technology solutions for such businesses; the
challenges inherent in the development, delivery and implementation of
complex technologies; the ability of the Company's third party
technology partners to timely develop, license or support technology
necessary to the Company's services; and the Company's ability to
respond to competitive developments. The forward-looking statements in
this press release involve known and unknown risks, uncertainties and
other factors that may cause industry trends, or actual results,
performance or achievement to be materially different from any future
trends, results, performance or achievements expressed or implied by
these statements. These and other risks are detailed in General
Magic's Registration Statement on Form S-3 filed with the Securities
and Exchange Commission on May 26, 2000.
Note to Editors: General Magic and magicTalk are trademarks of
General Magic, Inc. and may be registered in certain jurisdictions.
Other trademarks are owned by their respective companies. |
